As a Result of Changing Laws and Regulations,commercial Banks Are

question 66

Multiple Choice

As a result of changing laws and regulations,commercial banks are moving beyond their traditional sources of income to develop new services such as

• A)credit cards.
• B)consumer loans.
• C)selling securities.
• D)certificates of deposit.
• E)all of the above.

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Definitions:

GDP

The Gross Domestic Product measures the overall market or financial worth of every completed good and service produced within a country's borders in a set period.

Depreciation

The process by which capital assets decrease in value over time due to wear and tear or obsolescence.

Price Level

The mean cost across the full breadth of goods and services currently produced in the economy.

Production

The process of creating goods or services by combining labor, capital, and natural resources.